225 Us-27 | Lake Placid, FL 33852
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225 Us-27
Lake Placid, FL 33852
Office Property For Sale
Investment Highlights
- 8,494 sf medical facility on US 27 in Lake Placid
- Three spaces (3) in front, previously leased to Family doctor and Lab Corp
- 9% proforma cap rate/Currently Vacant/Turn Key
Executive Summary
8,494 sf medical facility on US 27 in Lake Placid. 9% proforma cap rate/Currently Vacant/Turn Key. Three spaces (3) in front, previously leased to Family doctor and Lab Corp. tenants with a 3rd vacant space (ideal for emergency or other symbiotic medical service). Great location and High Traffic / visibility on US 27 by McDonald's Double Drive Thru! Great opportunity as investment or owner/user.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,494 SF
Building Class
C
Year Built
1982
Price
$899,900
Price Per SF
$106
Cap Rate
9%
NOI
$80,991
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,494 SF
Building FAR
0.42
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C1 - C-1 commercial - Highlands County.
Parking
36 Spaces (4.24 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Reception
- Atrium
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | P-06-37-30-160-0000-0080 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $654,772 |
PROPERTY TAXES
Parcel Number
P-06-37-30-160-0000-0080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$654,772
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